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Energy Prices, Subsidies and Resource Tax Reform in China

Zhang, ZhongXiang - 2014

The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign the market a decisive role in allocating...

Persistent link: https://www.econbiz.de/10013048485

Programs, Prices and Policies Towards Energy Conservation and Environmental Quality in China

Zhang, ZhongXiang - 2014

China has gradually recognized that the conventional path of encouraging economic growth at the expense of the environment cannot be sustained. It has to be changed. This article focuses on China's efforts towards energy conservation and environmental quality. The article discusses a variety of...

Persistent link: https://www.econbiz.de/10013051566

Energy Price Reform in China

Zhang, ZhongXiang - 2018

The Chinese leadership has determined to assign the market a decisive role in allocating resources. To have the market to play that role, getting the energy prices right is crucial because this sends clear signals to both producers and consumers of energy. While the overall trend of China's...

Persistent link: https://www.econbiz.de/10012918048

Redistribution Effects of Energy and Climate Policy : The Electricity Market

Hirth, Lion; Ueckerdt, Falko - 2015

policies redistribute wealth between consumers and producers, and within these groups. While redistribution is seldom the focus … the redistribution effects of two major electricity policies: support schemes for renewable energy sources, and CO2 … pricing. We find that the redistribution effects of both policies are large, and they work in opposed directions: while …

Persistent link: https://www.econbiz.de/10014162886

Effective Environmental Protection in the Context of Government Decentralization

Zhang, ZhongXiang - 2011

China has shifted control over resources and decision making to local governments and enterprises as the result of the economic reforms over the past three decades. This devolution of decision-making to local levels and enterprises has placed environmental stewardship in the hands of local...

Persistent link: https://www.econbiz.de/10013129066

The Optimal Climate Policy Portfolio When Knowledge Spills Across Sectors

Massetti, Emanuele - 2010

This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy...

Persistent link: https://www.econbiz.de/10013138660

Bioenergy and CO2 Sequestration : Climate Policies Beyond Technological Constraints

Bibas, Ruben - 2013

This paper examines the role of electricity production from biomass with and without carbon capture and storage in sustaining low CO2 emission pathways to 2100. It quantifies the effect of the availability of biomass resources and technologies within a general equilibrium framework. Biomass-fed...

Persistent link: https://www.econbiz.de/10013089314

The Role of International Carbon Offsets in a Second-Best Climate Policy : A Numerical Evaluation

De Cian, Enrica - 2014

International carbon offsets have been promoted since the Kyoto Protocol and an increasing number of countries have implemented or proposed cap-and-trade schemes with international trading, even though with quantitative or qualitative restrictions. Those limits reflect the trade-off between...

Persistent link: https://www.econbiz.de/10013069960

Making China the Transition to a Low-Carbon Economy : Key Challenges and Responses

Zhang, ZhongXiang - 2016

China has realized that for its own sake and from the international community's perspective, it cannot afford to continue along the conventional path of encouraging economic growth at the expense of the environment. Accordingly, the country has placed ecological goals at the same level of...

Persistent link: https://www.econbiz.de/10013001043

Solving the Clinker Dilemma with Hybrid Output-Based Allocation

Branger, Frédéric - 2016

This paper proposes an innovative solution to distribute free allowances to the cement sector under emissions trading systems, called hybrid output-based allocation (OBA). We demonstrate that unlike many of the allocation methods currently being used, our design provides incentives which are...

Persistent link: https://www.econbiz.de/10013001402